05/12/2016
'Absolutely wrong' – Cayman Islands' response to its critics
Both the Cayman Islands and the BVI have agreed to sharing details of any business owners with tax authorities and law enforcement bodies to tackle tax evasion and money laundering.
05/11/2016
Cayman Islands: Cayman Joins Beneficial Ownership Initiative
The Premier, the Hon. Alden McLaughlin, said Cayman's invitation to participating jurisdictions is one of a number of current, significant measures that it is taking to promote global tax compliance
05/11/2016
Cameron will use anti-corruption summit to call on wealthy to admit sources of cash
Cameron is expected to announce the new transparency measures at Thursday’s summit
05/11/2016
With these new commitments, 101 jurisdictions around the world have committed to implement information sharing in accordance with the Common Reporting Standard developed by the OECD and G20 countries and endorsed by the Global Forum in 2014.
05/10/2016
It also advises on development of the financial stability framework in Bermuda, and makes policy recommendations designed to support the general economic and financial well-being of the country.
05/10/2016
The team at Elian is delighted to be working with Medicxi Ventures in this important sector, and is looking forward to growing the relationship,’ said Giles Johnstone-Scott, director of funds, Elian Fund Services.
05/09/2016
ECCB: Supervision And Regulation Of Commercial Banks Critical
It’s not any regulator’s dream to have any depositor lose even one cent of a dollar that they’ve invested in a financial institution
04/29/2016
The law was created in conjunction with the offshore sector and eagerly anticipated for the new business it will generate, keeping Cayman at the forefront of offshore services.
04/29/2016
'I previously was a chief inspector with the Royal Cayman Islands Police Service as the district commander for George Town.
04/29/2016
Banks and financial institutions in Hong Kong must "strictly comply" with existing money laundering laws requiring them to disclose the identities of their customers and what they intend to do with their money.
04/27/2016
Island Must Be Ready For Further Offshore Scrutiny
It’s vital the Island maintains its tax independence.
04/27/2016
JFSC consults on EU-equivalent MiFID II regime
MiFID is designed to regulate the activities of financial service providers and market operators in respect of buying, selling and issuing financial instruments, such as shares and bonds.
04/27/2016
FCA questions 44 more firms about Panama Papers
The firms were required to report back to the regulator last weeK.
04/26/2016
Appleby acts on landmark Seychelles environmental deal
The landmark agreement triggers a US$31 million funding package that will benefit critical marine conversation work in Seychelles.
04/26/2016
What the fallout from the Panama Papers means for business
The Panama Papers scandal is already being labelled as the biggest data leak in history.
04/25/2016
Mossack Fonseca, the law firm at the centre of the Panama Papers leak, had alleged that HSBC had asked for the creation of offshore companies for their clients.
04/25/2016
But the search for the right candidate to fill the role permanently, they admitted, had been ongoing for some time.
04/25/2016
Macedonian President Gjorge Ivanov has denied any financial impropriety after the opposition presented papers linking his relatives to a firm in Panama.
04/25/2016
Issue reported to deputy governor
04/25/2016
Panama Papers The moves follow a string of transparency measures proposed in the wake of the Panama Papers scandal which involved the leak of millions of documents from Panamanian law firm Mossack Fonseca.